Acadian Asset Management Stock Soars As Demand For Systematic Investing Grows

A boom in systematic investing has helped Acadian Asset Management (AAMI) stock nearly double this year. But the 40-year-old investment management firm faces questions about whether it can sustain its recent growth over the long term. Boston-based Acadian uses quantitative models to identify investment opportunities, instead of relying on traditional human analysts and portfolio managers.  Its assets under management soared…